Four export commodity groups with turnover of “tens of billions of dollars"

VCN- In the first six months of the year, four export commodity groups reached turnover of US$10 billion or more, an increase of one group compared to the same period in 2019.
four export commodity groups with turnover of tens of billions of dollars Import-Export reached US$ 1.5 billion each day in the second half of June
four export commodity groups with turnover of tens of billions of dollars Trade defense lawsuits in first six months higher than 2019

four export commodity groups with turnover of tens of billions of dollars
Chart by T.B.

Machinery, equipment, tools and spare parts were the first commodity group grossing a turnover of 10.42% (equivalent to US$2.18 billion), a year-on year increase of 26.5%.

Markets importing machines, equipment, tools and spare parts from Vietnam in the first six months were the US with turnover of US$2.93 billion, increasing by 73.5%; the EU with US$1.33 billion, increasing by 29.7%; Japan with US$809 million, increasing by 6%; South Korea with US$754 million, increasing by 27.4%.

Meanwhile, the largest export category was phones and accessories with turnover of US$21.95 billion, but decreasing by 6.5% compared to the same period in 2019.

In the first six months of the year, the exports of this category to the EU reached US$4.92 billion, increasing by 22.3%; to the US reached nearly US$4 billion, increasing by 5.2%; to China reached US$3.73 billion, increasing by 2.4 times; to the South Korea reached US$2.51 billion, increasing by 6%.

Computers, electronic products and componentswere the second commodity group with turnover of US$19.47 billion, a year-on year of increase of 25.4%.

Export of computers, electronic products and components to China in the first six months reached US$5.4 billion, up 36.4% over the same period last year; to the US was US$4.38 billion, up 1.9 times; to the EU was US$2.55 billion, up 5.8%.

Export turnover of textiles and garments hit US$13.18 billion, down 12.7% compared to the same period in 2019.

In the first six months of the year, the US remained Vietnam's largest textile and garment export marketwith a value of US$6.19 billion, down 11.9% over the same period last year.

Other major markets were Japan with a value of US$1.64 billion, down 7%; the EU market ranked with a value of US$1.6 billion, down by 19.2%.

Thus, among four major commodity groups, the turnover of computer electronic products and components; and machinery, equipment, tools and spare parts achieved high growth over the same period in 2019, while the turnover of the remaining two commodity groups declined.

With a turnover of US$65 billion, the turnover of four major commodity groups accounts for 53% of total export turnover of the whole country in the first six months.

By Thai Binh/Ngoc Loan

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